Wednesday, August 27, 2008

Automotive manufacturing moving to Mexico

More good news for Leon, Guanajuato Mexico.

Geely Automotive is going to set up operations, including 2000 direct jobs and initial investment of USD $ 130 M over three years. Link

The first and second tier suppliers are expected to bring the total investment of the plant and industrial park into the USD $ 250 M range.

Not only is there opportunity in Mexico for Geely, but this location provides easy access to the USA and Latin American markets.

Related Links

Edmunds Inside Line

Geely Automotive Holdings Limited

1 comment:

IslaLife said...

It`s great reading your blog, there is still a lot for me to learn about starting up in Mexico!